The New York Herald Newspaper, February 25, 1874, Page 7

A Terrible Faction--Fight—Seventeen Persons Killed—Brutal Heta\iation—Bandits Arrested—Capita’ixis ee coming Cautiow, Mi SO TELEGBAM TO THE N’W YORK MERALD, le Orry oF Mzxico, Via Havava, Fen, 18, 1874: |’ Schurz: A terrible affair is reported to have occurred in’, ‘the State of Vera Cruz. A quarrel between the townamen of Quimixtlan and Huaacaleca resulted tm 8 fight, in which seventeen persons were killed. BRUTAL RETALIATION. It ts reported thas the infuriated Huascalecans afterwards went to Quimixtian and began an in- discriminate massacre, killing children and cut- ting off the breasts of women. Tho neighboring town o! Chalchicomula has sent @ detachment of militia to the scene to put a atop to the atrocities. MURDERED BY BANDITS. The police have arrested forty-seven bandits im- pilcated in the kidnapping of Sefior Saivatierra. ‘The large ransom demanded ior the prisoner was aot forthcoming and the unfortunate man was murdere’ by the chief of the gang. PROVINCIAL INSURRECTION, ‘The insurrection in Yucatan continues, ‘The remainder of the Repubiic is tranquil. FOREIGN CAPITALISTS BECOMING CAUTIOUS. English capitalists retuse (unds for the recently organized Railway Construction Company. ENGLAND. ‘The Law Officers of Disraeli’s Government—Can- vass for Office—The Iremier at Audi- ence with the Queen. TELEGRAM TO THE NEW YORK HERALD, LONDON, Feb. 24, 1874. Sir John Burgess Karslake has been appointed Attorney General and Sir Richard Baggally Solicitor General. [Sir John Burgess Karslake, Q ©, Knight Bachelor, has already held the office of Attorney General, in 1867, and Sir Richard Baggally has been, in 1868, Solicitor General of England.—Ed. HERALD.) The Globe this afternoon says the announcement that the Right Hon. Sir Charies Adderley is to be- come President of the Board o/ Trade is premature. THE PREMIER AT AUDIENCE. Mr. Disraeli to-day submitted @ list of the minor appointments to the Queen. DEATH OF REY. THOMAS BINNEY. A telegram from London dated at half-past five A. M. to-day, 25th inst, reports as follows:—“Rev. Thomas Binney, the theological writer, died last night, aged seventy-six years.” WEATHER REPORT. The weather throughout England to-day is wet. The Latest Commissions by the New Cabinet. Lonpon, Feb. 25—6 A. M. Mr. Henry Howard, agent for Great Britain in the American and British Joint Claims Commis- sion, has been made a companion of the Order of the Bath. Hon. Robert Bourke, brother of the late Earl of Mayo, has been appointed Under Secretary for the Foreign Department. FRANCE. 4M. Thiers’ Profession of Faith in the Republic TELEGRAM TO THE NiW YORK HERALD. Panis, Feb, 24, 1874, Bx-President Thiers, in a letter to the republican €andidate forthe Assembly in the Department of Vienne, declares that experience has rendered his conviction invincible that tue Republic is the only possible government for France. SPAIN. The American Minister Takes Leave—Press Law Prosecution. TELEGRAMS TO THE NEW YORK HERALD. Mavzrp, Feb. 24, 1874. Mr. Sickles took leave of President Serrano yes- ‘teraay. PRESS LAW PROSECUTION. ‘The Epoca (newspaper) has been fined for vio- lating the Preas law. Portugalete Captured—A Battle with the Carlists Momentarily Expected. MADRID, Feb. 24, 1874, The report of the capture of Portugalete by the ational forces is confirmed. PROSPECT OF BATTLE. General Moriones, with 22,000 men, now con- fronts the main body of the Carlists, and news of ‘@ goneral engagement is hourly expected, RUSSIA. American Celebration of Washington’s Birth- day. TELEGRAM TO THE NEW YORK HERALD. Bt. PsTeRsBURG, Feb. 24, 1874. United States Minister Jewell gave a grand sete ‘at the Legation yesterday in honor of Washing- ton’s Birthday. It was attended by all the diplo- matists, a number of Americans and others, At the banquet, after proper respect had been paid to the memory of Wasnington, toasts to the Uzar and President Grant were given and appro- “priately responded to. Dancing was commenced ata later hour of the evening and continued, with brief intermissions, until the following morning. AUSTRALASIA. Disease and Death on Board a British Emi- grant Ship. TELEGRAM TO THE NEW YORK HERALD, Me .sovurne, Feb, 24, 1874, The steamship Mongol, from London for Wel- ington, N. Z., has arrived here. She had sixty- even cases of illness on board during her voyage, ixteen of which proved fatal. (The Mongol sailed for Australia with merchan- dise and passengers from London on the 19th and from Plymouth on the 23d of December.—Ep. HERALD.) SAVING A SANCTUARY, A meeting was held yesterday of the principal @reditors of St. John’s church, Orange, at the Bishop's residence, in Newark. There were pres- ent, besides Bishop Corrigan, a large number of Prominent citizens. The object of the meeting and its results were stated subsequently at the meeting held in the evening AT THE CATHOLIC INSTITUTE, in New street, The clergy present on the stage were Right Rev. Bishop Corrigan, Very Rev. G. H. Doane, V. G., Rev. Fathers Kellen, Reilley, Dalton, Coay, Fleming, Maloy, McKeernan, of Bast Orange, and Father Pardo, of the Benedictine order. In the audience were scattered a good representa- tion of the leading Catholics of Newark. Speeches ‘were made by the bishop, the Rev, Father Cody (of St. John’s), Dalton, Kilicen and Reflly, afer ‘an appeal for subscriptions, it was announced, that tmolading the $66,000 thrown oi by the creditora, fpere was about $65,000 contributed, NEW YORK HERALD. WEDNESDAY, FEBRUARY 25, 1874.—-TRIPLE ar: 7 Phi rane OT adil AE WASHINGTON. National Bad Faith in Resumption. THE FRANKING PRIVILEGE. The Attempt to Smuggle In tke Old Jacob + in a New Dress, WasHINaTon, Feb. 24, 1874, | The Financial Fight in the Senate— Schurz on National Bad Faith—Mor. ton’s Rejoinder—Fenton to Speak To- day—Rumored Defection in the Infla- tionist Ranks. In the Senate, conformably to his announcement on Friday last, Senator Schurz held forth on the | much abused finance question in a prepared speech, which he delivered trom manuscript, tak- | ing up nearly three bours of vaiuable time without saying anything espectaily new, He dealt severely with the policy of inflation, and pronounced most decidedly against it as 4 course of action fraught with danger, if not ruin, to the national credit: The galleries were completely filled, The Senate was full, and several members came over from the House to listen to the fulminations of the leader of liberal republicanism in the West. He was listened to attentively throughout his discourse, in which he analyzed the evils of a paper currency, quoting from the experience of foreign countries in the conduct of. their finances, He ex- hibited, as usual, his familiarity with book knowledge, reviewed Senator Merrimon’s asser- tions disapprovingly, and retuted in general the arguments of the inflationists. He avowed him- self in favor of {ree banking, accompanied, how- ever, with the taking away from national bank notes of their legal tender feature. Senator Came- ron interrupted him three times, denying the cor- rectness of his assertions, which brought forth some lively, good-natured rejoinders on both sides, in which Senator Scharz exhibited a jaunty facility in making prompt and telling replies, for which he was strikingly applauded by the canaille in the galleries, who manifested their approbation mm a disrespectinl and uncalled for manner, The Chair notified them sharply that a repeti- tion of the abuse would cause the gal- | lertes to be cleared. Senator Conkling looked up from bis easy and sans souct repose, glanced about with a semi-astonished and semi- indignant pallor on his authoritative looking face, and there was @ shudder at the manifest impro- priety of the crowd, which must have been com- posed in large part of opponents to the republican party. Senator Schurz closed with animated force snd positive deprecation, directed against the course of the inflationists, decrying the deprecia- tion of our six per cent bonds, showing that the rate of interest would be aggravated by the de- preciation of our currency whenever there was an increase of 1t, and condemned the speculative spirit of our country, which, he contended, had brought 1t to the verge of repudiation and danger- ous embarrassment. Senator Morton, who was on guard like s Roman soldier, pro- ceeded to reply to him, and promptly ar- gued, in his vigorous, responsive and versatile way, effectually in derogation of Senator Schurz’s speech, and strenuously endeavoring to break the ‘force of his arguments. He was particularly severe and telling when he stated that Senator Schurz did not understand this country and had got his ideas of finance theoretically from books, and he peremptorily declined to be interrupted by the apt and pedantic Teutonic statesman, who en- deavored to put in a word as to prevent the accu- mulated and positive force of the strictnres of Senator Morton, which gathered in effectiveness |, #8 the latter proceeded. A leading infationist Senator, though quite conservative, said that Senator Morton nad completely demohshed the arguments of Senator Schurz. Senator Schurz has already made one speech on this ques- tion, and it is impossible to conceive why he added another, having for. its only object to reiterate aitera different manner what he had already said, unless, perhaps, he also thought he could create some reactionary influ- ence upon the minds of a few of the not too eager and mild inflationists, so as to demoralize their orthodoxy, and, since they had but a bare ma- jority, win them over from their not quite fully settled convictions and secure them to the ranks of the contractionists, and thus be justified in moving @ reconsideration of the vote on Senator Merrimon’s amendment, which was the covert ob- Jective point of Senator Schurz’s speech, and to effect which will be the inspiring motive of the deluge of oratory and debate we are likely to have for the balance of the week. There will be an at- tempt, most decided and vigorous, to reverse the action of the inflationists, ana it is rumored that one or two who voted with them on Saturday last are wavering in the faith that was in them and that they will vote for a recon- sideration, which, with an absentee, will enable the contractionists to carry the day and effect a recommittal to the Committee of Finance, without instructions, of the bill of Senator Sherman for the transfer of $25,000,000 of national bank notes. This is that for which the contractionists most devoutly Wish; but, unless there is a defection among the inflationiats, which will be regarded almost as bad faith, if not treason, the present activity, skill and generalship of Senators Morton and Ferry, of Michigan, will preserve their hard earned victory intact, The highest skill and utmost earnestness are now evident in the moves made on the Senatorial chess board, and not @ thing will be overlooked in rendering the triumph already achieved perma- nent and productive of the financial relief of the Westand South. The Senate adjourned pending the debate, and to-morrow it 1s expected that Senator Fenton will speak, having well prepared himself, He had changed his intention to speak at this stage, and had decided to wait until the whole question came back full fledged from the Committee of Finance. Now, however, it is sup- posed that he will be draggea into the contest, and will do his best to second the masterly efforts already made by Senators Sherman and Schurz. Senator Sherman’s Pian of Approach- ing Specie Resumption—Currency Con- vertible Into Five Per Cent Bonds and More Banks for the South and West. Senator Sherman, Chairman of the Committee on Finance, im giving his views to-day onthe fnan- cial policy which in his opinion it would be best to follow, in reply to the question, “What would he do as to national finances if he had the power?" said, “I would do five things in the order in which I name them. First, I would definitely settle as a fixed policy that not one dollar more of paper money should be wsued until what we have is at par with gold and silver. Second, ’s Second Speech for Specie | cash deposits in the city of New York alone. National Banks and Their Legal Re- serves—The Comptroller ot ‘ep Cur- reney’s Annual Report—New Billa; Abiliwas futroduced by Representative Ward, of fltnois, to-day, which provid Datjoni banks tn the cities named in the thirtyafl*at agcti Of the act of June 3, 1864, may count as part of theif, legal reserves balances deposited with national bank associations in etther of the cities named joe {he same extent as is now permitted as ‘one-half Of ‘their respective reserves Kept io The bill of Representattve Buckner requires the Comptroller of the Currency to transmit to Con- ress with his annual report a list of all share- holders tn the national baaks with the number of shares held by eact: The Debate on the Restoration of the #ranking PrivilegemA Flimsy Attempt to Deceive the People—A Substitute To Be Offered. In the House of Representatives to-day, after the discussion of certain unimportant measures and Propositions, the consideration of the Postal bill was again taken up. The provisions o this oill, as before stated, are “for the free distribution of public documents, printed by authority of Congress, and of the transmission of seeds furnished by the Agri- cultural Department, for the tree exchange of news- Papers between publishers, and the free transmis- sion of weekly newspapers by mau within the county where published,”? The debate of to-day was opened by Mr. Willard, of Vermont, who declared himself entirely opposed to the bill and to the modifica- tion by which it was proposed to revive the franking privilege, so far as it affected the sending of public documents through the mails. This meant that Congress would publish the documents to be thus distributed. The speaker said sarcastically that it had not been | Proposed that members of both houses should | pat their hands into the public Treasury and each take out $2,000 to distribute it among their several constituencies; but this was, in iact, what it was proposed to do. He held that Congressmen might as weil claim the right to distribute lughthouses in their respect. ive districts, The republican party's pledge to ignore favoritism was the rock of its founda- tion—the favoritism shown toward political pets, who were fed on pamphiets containing much sophistry and little wisdom at the government ex- pense, a8 chickens of the poultry yard are ied on the crumbs of the table. He argued that it could not be consistent with the present frantic attempts of the party to reach an economic solution of the financial problem for them to restore the franking privilege and with it the enormous expenditure which it implied, Mr. Albright, of Pennsylvania, said that the system of using oficial stamps in the public offices, which was available for every public | employ6é, excepting only Congressmen, was but | another name for the {ranking privilege. I | the printing of documents was to be stopped and this means of spreading knowledge upon special and political subjects and of distributing seeds and bulbs was to be suppressed, it were | better to immediately abolish the Department of Agriculture. Mr. Clarkson N. Potter advocated the features of his original bili for the abolition of | the franking privilege. He thought it better that | there should be no free transmission through the | malls of public documents, and that they should | only be supplied to tnose seeking them and at the cost of their publication. He was, however, parucnlarly m favor of the free circulation of the dpeeches of members in Congress. Mr. Townsend gave notice of an amend- ment which he intends to offer, making the freedom of transportation of papers within the county whore publishea apply to all news- papers. Mr. Phelps, of New Jersey, treated the subject very humorously, and satir- ‘ead Mr. Garfield keenly in relation to his estimate of the metropolis and the country editor, and also the attempt of the committee re- porting the bill to give it to the House sngar- | coated, so that it would not prove disagreeabie. If Congress was going to rehabilitate this old Jacob of the franking privilege it should be done boldly. Congress should not make the ; Mistake of attempting to deceive the peuple by a@ false issue. Mr. Mellish closed the @iscussion for the day by giving notice | that he would introduce a substitute for the bill, | reducing the rate of letter postage te two cents | an ounce and the postage on printed matter to one- half of a cent for two ounces. Demoralized Condition of North Caro. lina—Labor and Production Unremu. nerative. Senator Ransom, who has just returned from a visit to North Carolina, reports the condition of the State, so far as agricultural and cotton in- terests are concerned, as worse than at any time since the war. He states that, while the cotton | crop will be large, the prices will be low, and hence not as remunerative as heretofore. The | prices are lower because of the increase in the | yield of the crop, and also on account of the foreign | buyers having anticipated it by contracts when | gold was high. The higher the ruling rates of gold | the lower the market price of cotton correspond- ingly is, Many of the plantations have changed hands. The labor is disarranged, and there is not the same class of men in management of planta- tions as heretofore. The former planters scem to have become demoralized, and now accept posi- | tions on railroads or in stores at from $40 to $50 per month, giving up their former occupations. Covering the Defaication in the New York Suab-Treasury. The Senate Committee on Finance agreed to re- | port favorably on the bill ‘or the relief of United States Treasurer Hillhouse, of New York city, | making good the defalcation of one of his clerks, | amounting to some $170,000, THE CURRENCY DEBATE. | Mr. Schurz’s Second Argument in Favor of Contraction and Mr. Morton’s Reply—Credit of the Nation Abroad— Causes of Speculation. Wasuincton, Feb, 24, 1874. In the Senate to-day a large number of bills were in- troduced and petitions and memortals poured in. Seve- ral bills were passed. There were two petitions against imflation of the currency. There was also a petition | from manufacturers and others of Milwaukee, Wis, praying for amendments to the Ranking law to prevent call loans, wild stockgambling, &c. They were all re- ferred to the Finance Committee, TRE CURRENCY QUESTION. ‘The morning hour having expired, the Senate resumed the consideration of the btil to equalize the distribution of the currency, the pending question being the motion of Mr. BuckincHam (rep.) to recommit the bill, with in- structions to report in favor of increasing the volume of currency to $400,000,000, such in- structions having been agreed to Friday last, Mr. Davis, em.) of W. Va. said that on Friday be had offered an amendment instructing the committee to report in favor of free banking, but when the vote was taken the Chair de- cided it to be lost He (Mr. Davis) said he thought there were but few Senators who voted when | his amendment for tree banking was put, as they were not paying attention and dia not understand it, He, thereiore, dosired to renew the amendment. Mr. Fenny, (rep.) of Mich., sald he occupied the chair at eiere sear ey eras ae He Aly there ica ity against amendment le, therefore, raise pointer order that the amendment had bean cuce Fejected: fhe point was sustained by the Chair. SCHORZ ON FINANCE AGAIN. Mr. Scnuny, (ib.) of Mo,, being entitled to the I would allow national banks to be organized in the South and West until each State had its share, and would withdraw circulation from banks in States that have more than their share. In doing this 1 know it will not prevent the notes from going where trade carries them, but it will give each State the benefit of local banks and stifle @ local clamor. Third, I would get back the greenback circulation to the old limit of $356,000,000 and establish the $44,000,000 of retired and cancelled notes asa reserve to be used only for exigencies defined by taw. Fourth, to appre- Clate the greenback, I would authorize it to be converted into a five per cent bond at the option of the holder, to be paid out again at the option of the government for the payment or purchase of ‘five-cwenty bonds. Filth, I would very slowly ac- cumniate gold in the Treasury and in the banks, so as to take advantage Of the first favorable op- portunity to resume specie payments. In this way we can easily, surely and wiscly reach a specie stanaard, which is the only true basis o¢ Broduction and the best for both capital and Labor.” floor, said ;—The demand of those who favored an in- crease of currency, judging from instructions, agreed upon on Friday, feli very tar short of what it originally was, It had not been his intention to address the senate further until Friday last, when the last vote was taken, ashe had hoped from confused jumble ot provost tons, nothing would be d detrimental to the best | interests of the country, what an aspect was wit- | nessed here to-day, in the second halt of the nineteenth century the highest legislative body of this Republic seriously debating the question whether new issues of irredcemable currency should be resorted to and argu- ments made in support thereof, which would make the sis world stare. The argument had been deliber- ately made on the floor of this house that precious metals Soult never more bes standard of Value because the Were not equal to the products of industry. As well Might it, be_said that’ the yard stick could. never more be the standard of measure because it was not as long as a roll of cloth. Ithad been further argued that Rusts, Italy and other Buropean countries had. ob tained & condition of prosperity by 4 large paper circula tion. But he would teil them thaf the statesmen of th countries were Giving thelr best cnergies to the devising ot foeans fe get rid of ald aper fponey ue the: he tact @ arguments with a sinile of dorision. He re foe ie travels in China to illustrate the | excessive me of irredeemable ie supply of currency was not | regulated either b; a of countr; opniation or amount of producti i alon by these things com- Bined. The city of Boston avedod more currency than allot the Territories of the United States combine: the Beate of Rhode Island required more than th the interior of Airica, with its teoming millions of beings, Ithad deen argued that the volume of was lgpaes tg | oUt. effect of moy, and said thi Daper currency, [-f- i 7 thet snore ea teenies Fak, We ts Bet z i countries were dierent, In Tand the Bimtmest of persons recetving sa'nrios was reater than in souatr, the exports o: rr three jem na great as ours. Alt Dopulation of the Uni va was but 32, ours was 40,001,005, and aithouth Ths WREES there, yet the aggregate sino was than that paid OI ee aah? ut inte * git eer ‘volume. oust een : ate one cg fact “that, uc eretor argu tween ‘the (st 8 ts it In Franeé [ Spile tons were entirely di In the business centres mone Present is abutidant, it abundant. Gentlemen find ried abundance had been cau by dr on the $44,000,000 reserve. Of this amount something” leas than @ inillion had gone South w est, Dear all of it being held in Boston, New York and Philadel- phia. He argued there was an abundance ali over the Country, caused by large crops and by the orisis having broketi down, in @ great measure, speculation and ga bling, thus releasing large amounts of money formerly employed in such speculation and now use: in legiti- mate Channels of business. It was trae that this GAMBLING AND SPECULATION ‘was being revived to some extent, but It was being car- rled on by a different class of persons. ft would be re vived still turther by every increase in the issue of Irre- deemabie paper currency.” In legitimate business a scar- city of currency was sometimes felt, but there was no necessity for indstion, and it was a fundamental error to suppose that a real scarcity of money was at the bottom of the inflation scheme. tie argued that intation always stimuiatod, speculation and gambling. The gentleman rom North Carolina (Mr. Merrion) had complained ency was scarce and the rate 0’ 1n- hich was true, and he (Schurz) deeply sympathized with the people’of that tate. ile would do all in bis power to relieve them. The gentle- man (Mr, Merrimon) wanted au additional supply of Jogal tenders. Suppose one or two hundred millions ° of baa i Dh ue aries was still larger Y than in the United at the comparison be- because business rela- atin bis State cu terest high, aul more of irredeemable paper currency — should issued. Would it give rellet? He thought not, There were two ways by which this put upon the country—one by money would be 4 ADONIS OL the government, aud the bonds of the United St rmeans would be resor sequence would be, the addition: would be thrown’ into the How would North Carolina where the additional currency | would go to North Carolina just | the extent that products were | offered tor it, An increase ot irredeemabie paper cur- rency, instead of giving greater facilities for the transuc- tion of lewitumate business, Would increase THK WANTS OF BUSINESS. The promtum on gold would run up. Prices would in- crease and It would require a greater amount of money for exchange. Issue more paper currency and it would Ko where there was need of it just as slow ay it does now. ‘t could not be forced in channels of legitimate business nor out of the chann i Senators, they ‘of speculation, and he would say a were indulging in a dangerous childish delusion if they thought they nad the | Dower to prevent new issues trom seeking the same channels as old ones had, An inflated, irredeemaple [™ \ \ cha THE COMMUNISTIC BUBBLE. velations of a French Detective, ! rm ~" fa Now York, ¥ we ~ The Deviltry of Communism Vividly Pos, taye4— Becrets of the Society Revealed—Idioe}, Powder and Plunder. } Unknown and unobserved a celetrated French” | detective, an old hand, 60 to speak, whose expert- ence in revolationary outbursts was derived from + the terrible scenes enacted in Paris during the ; reign of the Commune in thas city, witnessed the fired? juny recent exhibition in New York in connection with the so-called workingmen's display, and his re- ports to Superintendent Matsell will be read with Considerable interest. fle presents a perfect pen — Picture of the organization, with its component | parts, about which noshing more is known than | that its object is in no way conducive to the public ood, at least on this side of the Atlantic. How- beit, the reports speak for themselves. In his first | report to the Superintendent of Volice, daied Janus | ary 13, the French detective says:— In compliance with your orders [ did all in my powers wateh closely the movements of tue French Club | Which is known as Cerce secolutivnaatre et Cominuniste Francais, ‘The sollowings are the result of mv investga- tions, Monday, Lth oi January, 137. + As instructed by you f attended the meeting which | took place on Monday, at hali-past right o'clock P, Ma, at the Casino, there were about 25) or 2s0-men, almost all of them being Comimunistes or Interuationalists, an Known as very bad characters and having parucipated in A great extent at the troubles whieh took place in | Paris under the Commune. he 1olowing instructions were given to the meeting yy Mr. May, one of the meinbers. and delegate to the Commuttes of Satety:—Lhe French workingmen were to assemble the following morning, trom Lali-past eigtit to halt-past nine o'clock A. M.. at the Casino, and there | number themscives by sections of 100 each: a com- | mander or leader was fo be anpoinied for each section. ax. May! c ‘Mr. May in his speech. which w: gondiary Lever heard betore, said ne of the most in. | tno matter about 1e lutions passed by the Board of Police, the work- ing men sbould do their duties on the foliowing morning &t the mamiestation, although at the expense of blood. Another speaker sid that they would go through the lice to the Guy Hall, and there see the Mayor, tke 7 A COMMUNIST BALI. In his next report (No. 4) cue French detecti aays:— Last Monday, 26th inst.» bal was gi ™ mittee of safety, at Wie Ncw York AswiMmbly nme we efor Medyjre was presse st the bal. hi r, Me present at the dal. his moth weg meoigey cr preeatt°t fheNal Me muther wan Tare, WAS Aiso prosent ein ‘were nie or ién ¥rench Communists and three or four French women. Mr. Klie May and is brother were there, and wo or embers of their society. tree al ea tailure and ended early after midnight, . ‘alighe men and woinen presenta tony Betore separ. SS wae ren the “Marselliaise,"” whicu ... ~™aaasuuged by Mr. May. A lecture was givem by @ ‘citizen Ravaud” at Casino last Tuesday, ut nine o'clock. That lecture was kiven a8 a sort of Conference of instruction. | The subject Was “La Commune, sa uuissance et son but” “The Com- mune. its birth (beginning: and its aim." sday, January 24, a theeting of the “Cercle Rev- aire et Commmuniste Francais" was held at the 4 commenced at nine o'clock, asa large crowd of people. Mr. Gustave May, (ary, gave the lecture of the report ot the last There the serel jueeting r Citizen \Yaudia first took the Moor and reported the Proceedingtof the first Committed pf Satety (he is dele- comitiee). He said that Committee of Jollowing resolutions > THE WORKING! 2. The workingmen of all ni ‘preanize ythengelves by sections and cor ng ‘wil be compored of 100 ufos, ch company of men, Commansed by captains apd, other oflicers. The: mem Will select their own ofticers, ard every one of them will be elected by the workingmen of each company. eompanies 9! 40 men cach will Worm # legion of 1,000meD, Comers: by superior officer, ' ‘act one of the men shall be veryobedient to his oft cers and aiartul to hits duty of workeremae tit dette A meeting of ¢ Section will (ake place évery week, A reneral mee! {each company (400 men) will take Place separately every montt: w report to the-Committes of Satoty the proveedings of every meeung of eacks ction The above resolutions were aceepted b: mbere Present without opposicion. Pst aes THE COMMUNIST Leapers, The following’ are the names and re ‘of the “Cercle F sidennes ot Elie May, Joh Sacha Mare John sireet, No 33; San maze 138: Ravaud, Greene strei Greene street, No. 109; Mos 17; Mills, bostmaker, Wooster su ‘Chasaaen ry tailor, Bleecker strect, No. 133; Anser, painters Bleecker street, No. 183; Lemeshaute, ‘fancy ‘butchors Houston street, No. 7). Tam now preparing the bistory of ai! the metabov named; when they came in this’ comntry, what trey dl before, what they have done since. ‘The ‘delegates to the Committee of Safety arc’ Bite May, Sanial and Mills, In a subsequent report the detective refers 10a meeting at which were appointed foar com pames under charge of officers, to protect theinte rests the Commune, and at which very violeat speeches were made in relerence to the alleged ill-treatmens- { of the workingmen by the authorities of this city. THE STRIKES. Paper currency was not the people's money, but the ‘ die Amer eople speech Mr. May gaid that the Committee of Satet ; minds 9 this tack and Acted upon it the bower it Give him other instructions, which he would commu, | AM Outbreaks and a Murder—Operativer Would be most ‘happy to reiiove. tho peuple of | huoate to the fellow members the morning alter in right Attacked and a: Innocent Man Tinced “that tntation Mwoull’® nk semedy “ont | ue of the, members, named Bobant, offered his wer | Killed—Cowardly Conduct of the Pov auaravate. the evils under "wich they, Tnhneaee: The | vices as a drum to call on the peuple in beating the lice—Further Trouble Anticipated. Senator (Mr. Merrimon) had satd hia people needed more | currency. That was @ tatal delusion, They needed | more capital, and should understan tne difference be- | tween capital aud currency, The people of the Sout, | as well as of the whole country, had gone through a | Wastomul war, and thus tne capital of the south espe- cially had been diminished. ‘Ikat waste had been in- creased aiter the war by bad governmeutsin those States, and the people there had to make up the deficit. 1¢ could not be made up by promises to pay. They must | freate wealth by Industry and producJons, aud would lose very precious time, as well as waste their eneryy | and influence, by loosing to artificial means to sid them, | Inflation would still more depress the agricultural inter- | ests of the South and West, and that interest was the. | chic! source of wealth to those sections, [twas true that | the New bngland states had an excess of national bank | circulation, but the es.ablishment of additional national banks 1m the South and West would not remedy the evil. | he Senator from indiana had argued that the ORGANIZATION OF NEW NATIONAL HANKS would be to increase the currency, as money would be loaned by them and re‘urned to the bank every thircy, sixty and ninety days ‘that argument was a fallacy: Persons, to establish these banks, must buy the bonds in | New York to deposit in the Treasury. In otder to get the | circulation @ $1,000 bond would cost $1,120, the money | to buy this bond would be taken out of the home circulation. and for that $1,000 bond they woula get | Just $00 circulations that it woud oost $112) to get Establish tree banking and 1t would be'worse for | the South and West than ever. New York and | New f£ngland had the capital, and having | the bonds there already, could = send them to Washington and get the circulation without taking any mouey trom thetr circulaiton to buy the bonds, The tree banking proposition would only strenthen the grasp of New York and New Encland upon the South and West. Again, tree banking would virtually authorize an unlimited issue of bank notes without system tor redemp- tion, It mattered “but little whether intlation | consists of national bank notes or greenbacks; either would ran up the general price of commodities and pre- pare the way for new disasters and crasues. He did not want to be understood as opposed to free banking en- tirely, He would vote for such a system if there shoud be coupled with it some fractional system | of redemption. He argued that any intlation of the | currency would increase, not diminish, the rate of inter. | est, and said he had lately received a letter trom an old | friend in Kurope who wanted to retire trom business, He stated that he could take $340,000 or $40,000 trom his business, and asked the advice of him (Mr. Schurz) as to ing the money in the United sta which would pay from eight to ten es in mortgages | cent inierest. But his friend reared to make the investment on account | of the proposition to inflate the Cea Schura) Would inquire of the -enator trom Indiana (Mr. Morton) what answer he would have made to that letter. goth, MOnPO™ (Fep.) Of Ind., suid he would reply to the ns Mr. Scuvez said, as an American citizen, he believed it to be his first duty tobe honest, and he could not advise any one to invest money kmowlng it was going to débre- ciate in value. But let us look to specie resumption, and he would say to his friends, “Send on your money; get your nelghbors to do it; heap it up mountain high, and invest it here.” Mr. CaMenon, (rep.) of Pa., said the gentioman (Mr. Schurz) would depreciate the credit of his country by such an answer. Real estate was increasing In value constantly. Mr. SeuUnz—Yes, but an increase in value of real estate doesn’t increase the value of Lott de pe on it, every child knows.” (Applause in the galleries) ‘The Chair gaye notice that upon a repetition of any demonstration he would order the galleries cleared. AMERICAN CREDIT ABROAD DEPKECIATED, Mr. Scnvny, resuming, said those who depreciated the credit of the country were those who advocated an in- | crease in this system of irredeemable paper currency which haa been condemned by mankind over and over Id tell Senators nothing could be done merican name more than to do away with jest aystom. Why was it our six per cent bonds ¢ did uot rise as tsuropean securities had done t ecause there Was some suspicion that there was Simply to be intation in the currency, and he knew whereof he spoke, as he had heard it ® hundred times while in ‘urope last summer. Mr. Camrron said the Senator mistrusts the people of the United States but he (Mr. Cameron) believed them to be honest Mr. Scnury said that when the Senator from Pen: vania said he (Mr, Schurz) had said anything to the dis. credit of the American people he said something which he ought to know Was not correct, Mr, SHERMAN, (rep.) of Ohio, sald on account of the wn certain yalue of our paper money nine-tenths of all loans made in Surope had to be be paid in coin, INFLATION A QUACK REMEDY, Mr, Sonurz said that was true. He argued that where the ioanable amount of capital was large ihe rate of in- | terest would be low, and where the loanabie capital was small the rate of interest would be high. He thought the | remedies proposed for our evils by those who {avored in- | flation were quack medicines and worth vothing. John Stuart Mill, Adam Smith, oar own Thomas Jefferson, amilton and other political economists were thrown asiie, and anew school had risen up here who would throw all theories to the dogs. ‘He would remind Senators that in throw ‘og theory to the dogs they would throw the | honor and credit of the country to them as well. ‘ibe rich men had the means to take cara of sheir own inter. ests, put it was the poof nian, Who Tved trom hand to mouth on his daily earnings, who would be injured, and to inflate the currency of the country would be to rob the poot of 4 portion of their hard edrned broperty.. He denied that the American people wanted inflation They might be led away for the time, but would soon recover | their senses, He warned those who desired to commit the Senate in favor of their sche tor inflation | to make haste, or public opinion would be against them. | y public man expected to ride into the White House on the intiation scheme he would be mistaken, as the bubble would burst before 1876. In conclusion he'said he had spoken Jonger than ho expecied, and hoped his re- | marks would not be without influence upon the vote | about to be taken. He would reserve his views as to other pvints until’ a more mature bill should be reported. | R. MORTON'S RK Mr. Monron said ut the close of a long debate the Sen: 4 come torward with a carciully prepared writ Of course be could not reply to it now pomt by point, but thouyht, take it altogether, itmight be charac terized asan exaggeration. He (Mr. Morton) denied that he had set aside any theories except those which did not apply to our couniry. The cheapest of all political learning was that obtained trom “cramming.” He had Known of me as iguorant as a horse who would get three or four old polltieal speeches and cram then go upou the stump and ing speech. Mamy of the doctrines ries of Europe were not suited to ours, as | growing and developing. The Senato ) did not seem to comprehend the couptry in he lives, but was what they called in France @ political Mtérateur. The Senator was mistaken in sap- 3 a Dosing that others had not read and studied those books | as woll as himself, Free trade, @ small volume of cur. | rency. low wages and direct taxation went hand in band | Nd not understand what answor the Sen- ator had sent to his friend in Kurope in regard to the advice ne sought as to investing $300,000 or $40,000 here. Mr. Scitunz said he had not answered yot, but would | tell his friend, so long as there was a pfospect of intia- tion, to wait; but ere should be steps taken | toreturn to specie payments, to pile up thelr money mountain high and send it over. if CAUSES OF SPRCCLATION. Mr. Mortox—Well, his friend will be much enlightened when he gets that reply. The Senator (Mr. Schurgz) was jorant of the country in which he lived and which had done him honor, As the business of the country increased | the currency should increase also. The Senator had read from “Travels in China” as to the evils of paper | currency. That country was finished @ thousand | years ago, and @ wall built around it. Should the doc- irines of nator prevail this country would soon be finished also. He donied that culation dowoed trom the currency because it was trredeemavie, but said it had been caused In places by money being supers dant. The greatest speculation which ever, took place happened in England on a specie basis. The Senator (Mr. Schurz) had read from a Chicago paper in support of his views here. The Senator seemed to have confl- dence in certain newspapers, aud relied upon them some time ago to break up the republican gary, Like wanton boys swimming on bladders, the bladder bursted, and the lor was badly worsted. (Laughter) He (Mr. Morton) wanted some retorms in the national bank- ing system by which the banks should be compelled to keep their reserves at home and not send them to New York. Our currency was the best the world ever saw of its kind. He argued that specie payment could not be maintained now, as we owe about $1.30. in Bu- rope, $9W.0N,10) in government bonds and $400,00\00) In railroad and’ other securities, The interest on these bonds had to be paid in gold, thus draining the country ot 000,000 or $70,000,000 ever: year. Rus. ad her bonds held’ in Engiand, German; and France, and was annually drained ‘of ner gol to pay the interest thereon, he result was that Russia Nad suspended specie payment tor years, 80 with Aus trla and so with Ltaly, and all those countries are now in a state of suspension, and mast continue so tor some time, This country is’ in the samo condition and must remain so. Under the present currency the country had psospered more than it ever did betore, amd the system would admit of expansion of the currency when neces- ATE, Manntwox, (dem.) of N, 0. obtained the floor to on the financial question, but relinquished it to ir DARGENT (rep.), who made a motion that the Benate BOBANT’s DRUM. ‘Tuespay, Jan. 12, 1874, | As decided the evening before, the drum wa; beaten by ; Bobant all around the streets and the meeting took place He (Mr. | posing that committes. | | Qnty German, armed with rifies and pay | L. May proposed Mr. Charnier as president. M | Then | Frouch army and seems to understand ver: | custody. He calfed to proot and thé evidence of two men | presont—one named Bobant (the very same who offered Rivtervices as a drum the morning of the manifestation, rappel around the stroota. His services were accepted, and he did peciormed that duty ‘the tollowing morning: Several other similar speeches were delivered by other As ordered by you, I reported all those facts to Cap- | tain Clinchy, Fourteenth precinct, at o'clock, immediately aiter the meeting. IN THE FRENCH AkKooMs. Twent around the French barrooms till vory late in the night, and 1 (hink that money or liquors wore dis- | tributed quite treoly to the members who. attended the meeting. “This 1s only my opinion; I could mot assure 2 tack half-past ten at the Casino a hali-past nine o'clock, Plenty of those men were drunk. ihey staried tor Thompkins square, as instructed on the previous evening. fe Trollowed them at distance all Thompkins kquare, and losted their traces when aispersea Ny the police. I could not remain there, for Thad no badge on me, and being not known by the policemen on duty, I pear to pe clubbed myselt, so I quitted the place. ‘As advised by you, Lapplied to President Smith for s | badge, recelved shortly after in the afternoon. I immediately reported the fact to you. Another meeting took place in the evening, at 189 VIOLENT HARANGUES. Bowery. The was a very anunated one. Mr. May, who seems to be the loader of the crowd, suid that ths Gomnn tine of Safoty was satisfied of the conduct of the working men; | that how, every momber of that committee knew that | they could epend on them, and that the manifestation | of the day had been a success, a great success, because the organization was now § i Another member said the hext time they should 0 vertectly organized and armed, and that they knew ore burn down the buildings where gold was con- crt ‘Several othor speeches were deliverea by other mem- bers, and every one was incendiary aa the first. came’ very A committee of women was formed, ‘The Uuty of those ‘Women is to go to the jail and visit the prisoners, They | will say that they are the wives of the prisoners, and | bring them ivstructions. provisions and tobacco, | I think [ will soon Saow the names of the women com- HOW TO FIGHT THE POLICE. Another leader said that now they were going to begin | a regular organization, and that they will be ready the next tine to meet the police and the militia; that the | Committee of Satety knew where to get arms, ‘and how to fight as well as the police. Before the meet dispersed the President informed | the members that another meeting was going to take | place very soon, and that they would be informed ofiicially by the Committee of safety when and where. 1 willdo all my possible to know everything that Is going to take place in the future. ‘My opinion is that those meetis should be watched closely. I know that a regular and well organized Inter. national Society cf Communists will be formed soon, and that the German population will join the Frenchmen. | that is the move which isnow going on. I consider as my duty to inform vou that there is man who goes to every one of the meetings and who knows everything is taking place who has offered to me te report me every thing if Leould give him money enough to live with, T think that bis help would ve very precious, [know the man and am sur that he would be taithfull to his. prom- esse. I told him I would think over the matter and that T would let him know what to do as soon as possible. | susrecrED. By that way I would be able to ¢ exact reports | Now Iam known by those men and am obliged to be very cautious in the matter. ‘As instructed by you I wili watch all thetr movements ‘and doings and report you daily. | ‘The man, Mr, May, Whol mentioned above several times, came in this country with his brother about two yoats ago, | He had diamonds for a considerable amount, am satisfed, aiter inquiring in the matter, that those | @®amonds were stolen by him during the ‘Commune, | eater eae Lee a VETS have the honor to be, ir, Your most obedien: rant, | LOUIS DE PLAINVAL | A WARLIKR ARSEMBLAGE, To G. W. Marseit, Exq., Superintendent of Police :— —A meoting tool a last evening, at bait-past eight o'clock, atthe Casino. I take the literty of calling | your attention to this tact, that there were about sev. | onets, mixed with the Frenchmen in the barroom and the back room before the meeting commenced. After remaining some | time together they separated, and the Germans went up | stairs in the concert room amd the Frenchmen remained down stairs in the assembly room. Before going up stairs the Germans put their arms ina large closet which is in the back room, in the right wall. | Some of the French said that they were doing that so | that they could not be seen with arms in cage of a raid | by the police. Then the meeting commenced. ‘The officers present were on the stage, and one Mr. The said unanimously. He took the THE OFFICERS. The Boards (or Bureau) was then formed as tollows:— Mr. Charnier, President; Mr, Gustave May, Secretary; | sauvix, Charnier was electe: Mr. T. May, Mr, Vico President: Mr. Milla, ie Sordial, Mr. Boissa, as delegates to the Committee of jafety. | 1 am doing my best to know the addross of those seven | 1 men. ‘Atter the officers were nominated Mr. G. May, Secre- tary, read the report of the last meeting, He condamned severely the police for the way they acted at the maniestatlon of the 12th at Tompkins square, He said, “But no matter, citizens, time we will ve all prepared, and give blow tor blow and | take blood for blood.” He said that the first time the | Workingmen were armed only with stones, but that in the future they would be arined with something else. Bordial took the floor. (This man has bein in the the next | well mili- in his speech he said that the only way | hts was to lorm and organize ina milk ter being so they will ables. helped | by their ists of other nationalities, 10 | Clear the city and to face any armed force of New York city. He said also that very soon & committee would ve appointed to go to the Police Commissioners and ask tary matters. to get their F tobe. allowed to meet in another square, and if the authorities would dare reiuse they would be abies to taxe | Possession the square by force. The public squares, said he, do not belong to the Corporation only—iney belong to ‘the ple, to the poor who goes there, starving, and bound Behjoy the free seats which can be found only in a pad He square. That man Sordial speaks well French, aud | can be considered as what we call in French language er of the maCRATHON Dis MAM @ speaker of the masses). (the President Charnier said that he heard with sorrow that their brothers who were arrested at Tompkins | square were very badly tri by the police while in the other (1 do not know the name) te A deserter from the French steamer Europe. 1°ll know his name and give it in my next report. td pci of the President excited very much the crow Another member sald that he was sure that at the last them two or three detectives, je Rovolutionnaire et Com meeting there were amot and that bo said that the muniste Francais should be very rho would dare to come and attend thelr meetings An: sn than they did to Another said aeance tenant. 11} them rmmedt severe for such men “Owl, nous leur passer le gout Bngilish translation —“'Yos, we most This was received RY ‘unanimor “Mr. Presi meetings are realy h WORKINGHEN OR BY POLITICIANS. Ironr society is one of mutuality for working’ people Will let us haye our meeting pnblicly, no matter abou detectives: if not if we are here as tools of politicians; | Bed Ce A that at once, because we have r its to Know it.” Mile President did not answer the question, and the ers looked at each other in a.very peculiar way. | jobant sald that he was 10, Rent the drain the | ry Dext time, as he did betoro, Dui that he would Ke to be | rotected by the committes. P ithe Prosident ton him that he would be. my Tue committee intend to orgaulze & secret police. TN | it it rt Krom astructicus gived Dy the President to the members | of the committee, every member will do all in bis power | to.create as much relations as possible with people of | Lities, Ot ner Ba Cone tnohmen were st their meeting, the Ger- | mans were upstairs drilling without arms Alter tne | ting mixed again and drank together, | MEhe piace of rendez-vous of the officern of the socte fs kept by Constant Cremmer, No. % Greene street. have taken such measures as to inert wery gions thing proceed to the cousideradion of executive buainess, which wespareed who will take place in the future. ve the honor to be. sir, your most obedient servant in such | killed. The | Never CINCINNATI, Feb. 24, 1876, The rebellion of the bosses in Swift's rolling mt) mbers, and the meeting dispersed after numerous lag (a Soars is Covomeese outa mor 5 HOarrae for | In Newport, across the Ohio River from this city, e Commune the Commune or death, T thought that evening, and [am perfectly convmced, | #8 @t last culminated in an outbreak and a that those pear in folaw hele leaders everywhere. | Murder, Numerous instances of personal. rosence a ing was noticed by two per- son’ who know I belong to the police, but only alter the [outrage for the past two months might ‘end of ail proceedings, be noticed, but such things have ceased to attract attention and are passed as ordinary and essential elements. of all strikes. Tne mild has been Working in a precarious sort of a way, with inexperienced hanas and with such operae tives as refused to be bullied into ove dience to the rebeilious bosses, Such. mem have been, more or less, subjected to the malice and brutality of the strikers all the time; but this aiternoon the vindictiveness of the rebels waa manifested in @ sudden and unprovoked attack upon @ party of fifteen workers, who were leaving the mill for their houses under an escort of pol.ce, that precaution being neces Sary lor Some weeks past. Aé soon, however, ag the’ party reached the corner of Brighton and Gim streets, they were assailed by a shower brickbats, clubs and stones from the hands of a mob of men and halt (ake. boys. The workers gave ground at first, ut rallied and charged upon the mob, cura which @ shot was fired and, as almost usi cases, an innocent party was ball entered the body of Frederick Boss, @ butcher, who had juss come out of his shop into the street to see the row. The police fed ignominiously when the shot was fired and sougbt places of safety. ‘Then the riot was resumed and @ sort of pitched battle ensued, in which several persons were injured with missiles, The attacking party crossed the Suspensiom Bridge to Vovington and escaped before the police rallied, A reporter from a Cincinnati daily triea to obtain items, but was driven out of Newport af the perii of his life. ‘To-night the police have been strengthened and & general search is being made to secure the rio ers. Serious consequences are yet apprehendes ‘as the rioters swear that work shall not be carr! on ta Swut’s Mil THE DEFAULTER COLEMAN, How $97,000,000 Worth of State Bonds were Careless!y Thrown into a Box. Ricumonn, Va., Feb. 24, 137@. The Committee of the General Assembly, ap- poinved to investigate the alleged de/alcation By W. D. Coleman, fate Secretary of the Board of Commissioners of the State Sinking Fund, to-day discovered the enormous amount of $97,000,000 of State bonds stowed carelessly away in an. old wooden press in the basement of the Capitol building. These bonds were printed and signed by | the State Treasurer under the Funding act of 1871, to be issued to holders of old bonds, as the latter were brought in to be funded. ‘he succeed: Legislature of 1872 disapproved of the Funding act and suspended its operation when about half of the State debt had been funded, and hence the large amount now found in the Treasurer's Office which had never been cancelled or destroyed. The whole amount of the State debt is about $45,000,000, but more than double thas amount had ‘to be printed and signed to meet the demands of holders of all classes of bonds, What is strange about it is that, although these bonds were marketable all over the world, an@ were lying in an insecure place, none of them ha@ been stolen, although opportunities to take: them without any chance oi detection occurred every aay almost. Tegolution was at once passed to build proper vaults in which to deposit the State funds an@ papers. MAILS FOR EUROPE The steamship Russia will leave this port om Wednesday for Queenstown and Liverpool. The mails for Europe will close at the Post Office at half-past ten o’clock A, M. ‘Tus New York HekxaLo—Edition for Europe— will be ready at half-past eight o'clock in the morning. Single copies, cents. “A Lost Art Restored.”—Angell’s Ro« man Baths, No. 61 Lexington avenue. Separate depart- ment for ladies Parlor urant; excellent hotel ac- commoaations. 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